290 COCOANUT AVENUE, #803, Sarasota, FL, 34236 | $3,795,000

Under Construction. The Edge Sarasota embodies refined urban luxury in the heart of downtown’s vibrant Arts District. Residence B is an impeccably designed 3-bedroom, 3-bathroom corner residence offering over 3, 500 square feet of living space, framed by floor-to-ceiling windows and sweeping city views from the 8th floor. The open-concept design features soaring ceilings, walls of glass and a chef’s kitchen with Italian cabinetry, Wolf and Sub-Zero appliances including a gas cooktop, an expansive island with waterfall edge and a butler’s pantry—all curated for elevated living. From the great room, dining or separate living room step out onto your private terrace and feel the energy of Sarasota below while enjoying the tranquility of your own modern sanctuary. The owners’ suite provides a true retreat with a gracious foyer, midnight bar, dual walk-in closets and en suite bathroom featuring dual vanities, private water closets, glass enclosed shower, soaking tub and convenient linen closet. A full laundry room with front-load washer and dryer and utility sink includes additional storage for ease of living.
Beyond your residence, enjoy a curated collection of luxury amenities including a resort-style pool deck with hot and cold plunge pools, cabanas and two outdoor kitchens. The owners’ club focuses on wellness and entertainment with a fully equipped fitness center complete with a yoga room and infrared sauna. Two treatments rooms afford plenty of space for your personal massage therapist or a physical therapy session. The social room includes a lounge, bar, game room and catering kitchen. For more intimate gatherings, reserve the private dining room featuring resident wine lockers and a separate bar area. The building’s boutique size—only 27 residences—creates a community feel in the heart of Sarasota’s vibrant Arts District. Walk to acclaimed restaurants, galleries, boutiques, and the Bayfront, embracing a lifestyle that combines culture, convenience, and sophistication. Construction is progressing with limited opportunities to customize your finishes—secure your place at The Edge today and invest in a rare downtown Sarasota address with lasting appeal. Images shown are artist renderings intended to illustrate the interior finishes and design concepts for this community.

Features

  • Elevator: Y
  • Heating: Central, Exhaust Fan, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 10
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Other, Pool, Recreation Facilities, Security, Spa/Hot Tub, Vehicle Restrictions, Wheelchair Access
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: THE EDGE SARASOTA
  • Year Built: 2025
  • Approx Sq. Feet: 3,532
  • Acreage: 0.55
  • Est. Taxes: $0
  • Condo Fee: $3,850 Monthly
  • Lot Desc: Cleared, Corner Lot, City Lot, Near Marina, Near Public Transit, Sidewalk
  • View: City, Park/Greenbelt, Pool, Trees/Woods, Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Number Limit
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Indoor Grill, Range Hood, Refrigerator, Washer
  • MLS#: A4655045
  • Days on Market: 169 days
  • Website: https://www.raveis.com
    /prop/A4655045/290cocoanutavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/6/2025 9:47:14 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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290 COCOANUT AVENUE, #803, Sarasota, FL, 34236

$3,795,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,036,000 $3,036,000 $3,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.440% 6.110% 5.952%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,477 $18,202 $25,211
Total Monthly Payment $17,602 $18,327 $25,336

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.